BuddyPress Profile Field escaping

I am having a strange thing happen in a BuddyPress profile field.

I created a country field in the fields group that shows up on registration, which is a drop down list and yes added all 245 countries manually.

But if a country has a ' in the name after I save it has a / before the '. e.g. Cote D 'Ivoire becomes Cote D\'Ivoire

Surely this shouldn't happen? Anyone know of a fix for this?

I am using WP 3.0.1 and BP 1.2.5.2